Retailers
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Jun- 2022 -14 June
LVMH invests in laboratory-grown diamond producer
LVMH Luxury Ventures has joined other investors in completing an investment round of $90m (£74.3m) in LUSIX, a producer of lab-grown diamonds (LGD), with other investors including Ragnar Crossover Fund and More Investments. LUSIX will use this investment to fuel its growth initiatives, such as the expansion of its production…
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13 June
Brilliant Earth launches men’s fine jewellery collection
Brilliant Earth Group, Inc. has launched a men’s fine jewellery collection, building upon the brand’s signature men’s wedding bands, featuring 93% recycled gold and 99.8% recycled silver. The 22-piece collection features an assortment of cable chains, engravable pendant, engravable cufflinks, and ID bracelets. Each gemstone and precious metal is ethically…
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13 June
Mitchel & Co. wins retailer of the year at NAJ Awards
The National Association of Jewellers (NAJ) has announced that Mitchel and Co. has won retailer of the year at this year’s NAJ Awards during the NAJ Summit 2022. The jewellery retailer beat off competition including Bradley’s Jewellers York, C W Sellors, Sonny’s Jewellers and Fitzgerald Jewellers. Meanwhile, Saunders and Pughe…
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10 June
So-le Studio unveils unveils updated collection
SO-LE Studio, the jewellery brand founded by Maria Sole Ferragamo, has announced the launch of new designs of jewellery pieces created from upcycled leather. The new styles are an evolution of the core collection pieces first designed when SO-LE Studio launched in October 2020. The collection is composed of seven…
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10 June
Signet Q1 sales hit £1.4bn
Signet Jewellers has revealed its total sales increased 8.9% year-on-year to $1.8bn (£1.4bn) in the 13 weeks ended 30 April 2022 (Q1 FY23), rising by $149.5m (£120.19m). The retailer said the performance comes as customers responded to the “breadth and newness” within Signet’s assortment, including higher price point offerings, diamonds…
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9 June
Dior launches new high jewellery collection
Dior has announced the launch of a new collection of high jewellery, Dior Print. Designed by creative director Victoire de Castellane, the collection consists of 137 3D transpositions of the “graphic power of prints”, featuring motifs from stripes to checks, from Liberty to tie-dye. The creations will be revealed alongside…
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9 June
Fabergé presents ‘Colours of Love’ ring for Pride
Fabergé has launched its ‘Colours of Love’ yellow gold diamond and sapphire trans flag fluted eternity ring, in celebration of Pride month. The ring is set in 18k yellow gold and decorated with pink and blue sapphires and diamonds, recreating the colours of the Trans flag. Continuing its charity partnership…
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8 June
Ramsdens Holdings profit surges to £2.2m in 2022 H1
Ramsdens Holdings has revealed profits before tax of £2.2m for the six months ended 31 March 2022, up from a £0.1m loss over the same period in 2021. Gross revenue increased 51% to £29.3m (HY21 £19.3m), while Jewellery retail revenue was up 62% to £13.1m (HY21: £8.1m). Online jewellery retail…
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7 June
DMR unveils collaboration to mark Platinum Jubilee
David M Robinson (DMR) and the Royal Liverpool Philharmonic Society have collaborated to introduce a diamond brooch, crafted from 950 grade platinum, and designed to mark the Queen’s Platinum Jubilee. The piece bears the Platinum Jubilee hallmark, and features a large white pearl. Round brilliant cut diamonds have been arranged…
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7 June
Sascha Moeri to depart as Carl. F Bucherer CEO
Carl F.Bucherer has announced that CEO and general manager Sascha Moeri has decided to leave the company on June 30 2022, after 12 years in the role. Robert Ambord, who has been the art director of Bucherer Fine Jewellery since August 2021, and Sascha Moeri’s former deputy, Uwe Liebminger, will…
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